Auto chiefs forge buy American pact
U S and Japanese auto makers agreed to form working groups to boost U S purchases of parts and vehicles. The four hour meeting produced a two way exchange with pledges to buy up to 19 billion dollars of U S auto parts by 1994 and to aid selling 19 700 U S cars annually, amid lingering trade tensions.
MENTIONED IN THIS ARTICLE
Auto Chiefs
American Pact
Oak Brook
Ill
Washington
U.S
Thomas H. Hanna
Tokyo
Stocks of local interest and market briefing
Midland Elevator Lawrence lists local grain prices led by wheat 3.52 corn 2.58 soybeans 6.14. The New York market was mixed after a weak housing starts report with the Dow at 3377.74 up 1.71 and broad indices inching higher. American Telephone down, IBM up, Coca Cola and Disney modestly higher. bonds rose on the data while Fed policy awaited. Omaha and St Joseph livestock quotations follow with hogs, cattle, and sheep varied by region and weight.
MENTIONED IN THIS ARTICLE
MIO Ford
New York
Prae
Ian
Amoco
JohnJn Nhdors
He Barnett
Merck
Biksin
Boaing
Monsan
Atalorla
Bynlex
Disney
Bunars
Ems Ian
Enrons
WalMart
Exxon
Wall Street
New York Stock Exchange
NYSE
American Stock Exchange
Commerce Department
Federal Reserve
Federal
U.S
Japan
London
American Telephone & Telegraph
IBM
Coca-Cola
Walt Disney
Kohls Corp
Omaha
Neb
USDA
Salina Bank Sale Ties to Interstate Banking Expansion
United Missouri Bancorp plans a stock for stock purchase of Salina National Bank, Salina oldest bank, as it builds a Midwest bank network from Colorado to Missouri. No sale price disclosed. regulatory approval expected by year end. The deal adds Salina assets of 124 million and furthers acquisitions in Russell, Manhattan, Topeka and Great Bend, expanding assets beyond six billion with about one billion in Kansas.
MENTIONED IN THIS ARTICLE
Salina — National Bank of America
Salina
Kansas City
Salina Bank
United Missouri
Russell
Manhattan
Topeka
Great Bend
Kansas
NCR division earns EEC registration in Kansas
NCR division's Peripheral Products Division says it is the first in Kansas to register to continue doing business with the European Economic Community. Underwriters Laboratories audited the company for a quality control system meeting EEC standards. About 79 percent of Wichita division revenue comes from international business, with markets in 120 countries.
MENTIONED IN THIS ARTICLE
Wichita
NCR Corp
Kansas
NCR
Underwriter’s Laboratories
ECC
Six Month T Bill Rate Falls to 20 Year Low
The Treasury auctioned 11.6 billion in six month bills at a 3.7 percent discount, down from 3.74 percent, the lowest since 1972. A separate 11.6 billion three month issue yielded 3.61 percent, down from 3.64 percent, the lowest since 3.60 percent in April. The Fed reported the one year Treasury yield at 4.12 percent, down from 4.25 percent.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Federal Reserve
SEC to propose new mutual fund rules this week
The SEC plans a set of reforms that could lower costs for some investors and allow new fund types. The package may include interval funds with periodic redemptions and a coupon-based share purchase option, subject to disclosures, after a two year review of the 1949 act.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
Act of Congress
SEC
Matthew Wink
Investment Company Institute
Fink
Also Mentioned on This Page
N.Y. Times News Service
Chrysler Corp
Lee Iacocca
Toyota Motor Corp
Shoichiro Toyoda
Midland
Lawrence
Boston Scientific Corp
British Airways
Conseco Inc
Polaroid Corp
Omaha Livestock
St. Joseph Livestock
Joseph
Frevious
Peeet
Allied Sig
Fleming
Fourth Financial
Rhe
Hercules
HORL
Kmart
Krogereset
Wea
Jcpenney
Quaker
Seafield
Sears
Trinova
DulCorp Wal-Mart
Western Financial
Western Resources
Williams, Reese
Woolworth
Cornesy
Edward D. Jones Co
Eldridge
United
Missouri
NCR Division
Ath and Mass
Pete Whitenight
Piper Jaffray
Pete White
Piper Jaffray Inc
Massachusetts Street
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